Thursday, March 19, 2015

According to the last tv interview given by dead IAS officer DK Ravi to a local Kannada news channel four big developers of Bengaluru namely Mantri Developers evaded tax to tune of Rs.1 crore for 14 projects, Dx Max Properties evaded tax to the tune of Rs.4 crore, Embassy Group evaded Rs.6 crore and RMZ group where raids were conducted paid Rs.9 crore, evaded Rs.3 crore and pending amount is Rs.5 crore as commercial taxes.
Interesting to note Defence authorities in Bengaluru has recently served a show-cause and eviction notice for encroachment of around 26,336 sqft of land worth around `26.33 crore to Embassy Golf Links (EGL).Embassy Golf Links (EGL) is a joint venture between the Embassy Group and Kelachandra Group, headed by Home Karnataka Minister K J George.